Iwatsu Electric Balance Sheet Health
Financial Health criteria checks 3/6
Iwatsu Electric has a total shareholder equity of ¥29.3B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are ¥45.5B and ¥16.2B respectively.
Key information
21.0%
Debt to equity ratio
JP¥6.14b
Debt
Interest coverage ratio | n/a |
Cash | JP¥7.65b |
Equity | JP¥29.26b |
Total liabilities | JP¥16.25b |
Total assets | JP¥45.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6704's short term assets (¥18.7B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 6704's short term assets (¥18.7B) exceed its long term liabilities (¥13.2B).
Debt to Equity History and Analysis
Debt Level: 6704 has more cash than its total debt.
Reducing Debt: 6704's debt to equity ratio has increased from 0.6% to 21% over the past 5 years.
Debt Coverage: 6704's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: Insufficient data to determine if 6704's interest payments on its debt are well covered by EBIT.